Why Choose Real Estate for Your Investment?
Your Pathway to Residency
Advantages of the Hungarian Golden Visa
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Purchasing property in Hungary as a third-country national is a straightforward process, but it requires compliance with specific legal regulations. Here’s a step-by-step guide tailored for those seeking to invest in Hungarian real estate, particularly as part of the Golden Visa program.
Begin by selecting a property that meets your investment goals and Golden Visa requirements. Hungary offers a range of options, from modern apartments in Budapest to family homes in suburban and rural areas. Ensure the property’s value aligns with the Golden Visa program’s minimum investment threshold of €500,000. Our partners can help you with finding the appropriate apartment or house that also meets your personal needs.
Before signing any agreements, conduct due diligence to verify the property’s legal status, including ownership history and any existing encumbrances. This step is crucial to avoid future disputes or legal complications. A (preliminary) purchase agreement is then drafted by a licensed Hungarian lawyer, outlining the terms of the sale, including the price, payment schedule, and any conditions. Our partners are ready and willing to help you with this phase as well.
Once both parties agree on the terms, the final sale agreement is signed. This must be done in the presence of a licensed lawyer who notarizes the document. At this stage, in most of the cases a deposit (usually 10% of the purchase price) is paid to secure the transaction. Our trusted lawyers are ready to help you in the process.
In Hungary, third-country nationals must obtain official approval from the local Government Office for the property purchase. After signing the sale agreement, your lawyer will submit the required documents, including:
This approval process ensures the transaction complies with Hungarian property laws and typically takes up to 45 days or more.
Once the Government Office approves the purchase, the transaction can proceed to completion. The remaining balance is paid, and the property title is transferred to the buyer. The title deed is registered with the Land Registry, officially documenting your ownership.
After acquiring the property, it is crucial to ensure the investment meets the Hungarian Golden Visa program’s requirements. The property deed and proof of purchase will be submitted as part of your residency application. Our team will guide you through the process to ensure full compliance with residency regulations.
At Immigration Solutions, we specialize in assisting third-country nationals in navigating the complexities of Hungarian real estate transactions. From property selection to legal compliance and Golden Visa integration, we handle every aspect of the process, ensuring a smooth and stress-free experience.
Take the First Step Today
Secure your Hungarian Golden Visa with a trusted property investment. Contact us for expert guidance tailored to your needs.